Credit Crisis Explained and What Happens Next- Online Video
InvestorEducation / Credit Crisis 2008 Sep 30, 2008 - 05:15 PM GMTBy: Brent_Harmes
In a video interview monetary historian and precious metals expert Michael
Maloney weighs in on why this current financial crisis was so predictable.
• Why brokerage houses were allowed to combine with banks in the late
1990's and why this led to a financial bubble.
• What a “derivative contract” is, why they are so dangerous and how
they are growing exponentially.
• How the “Psychology of Bubbles” work and why commodities and the
precious metals are going to be the next great bubble.
By Brent Harmes
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